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CA Omkar Bhutada - SEBI Reg IA

21st Jul 2025 · SEBI-Registered Analyst

🧱 Long-Term Base Breakout on Radar: Mastek's 3-Year Rectangle Pattern!

MASTEK
MASTEK LTD is gearing up for a massive base breakout after a 3-year consolidation — a high-conviction setup seen rarely and often backed by smart money accumulation. 📊 Technical Analysis Snapshot ✅ Rectangle Consolidation (2021–2025) Stock has been range-bound between ₹1,975 and ₹3,381 for almost 3 years. This kind of multi-year sideways structure reflects long-term accumulation by big players. ✅ Breakout Projection Height of rectangle = ₹1,472 Target after breakout = ₹3,381 + ₹1,472 = ₹4,850 That’s a 43% potential upside post breakout. ✅ AVWAP Anchor AVWAP from 2020 rally sits near ₹1,975 — tested multiple times and respected, confirming strong base support. 📈 Why Mastek Deserves Attention Fundamentally Strong Digital Transformation Portfolio in Govt + Enterprise clients. Debt-free IT company with improving EBITDA margins. Healthy cash reserves and M&A potential. 🎯 Key Trigger Level ₹3,380 is the breakout zone to watch. A weekly close above it with rising volume could start a new multi-month uptrend. 📌 Patience + Preparation = Profits. These types of setups reward conviction.

#WatchOutFor#Today’sTradingSetup#StockInNews#FundamentalViews#TechnicalViews
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